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20121202
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lowered their risk of recurrence by 25%. >>> the government is sounding the alarm about something that affects millions of openeder americans, reverse mortgages. abc learns has learned that there is a growing concern over these and federal government may be taking action. >> this is the agreement. >> the family home, dream and nest egg for jim and linda mcmahon until it had to be sold to pay a reverse mortgaged as soon as her husband died. >> i get a letter. sorry to hear about your husband passing away. >> it's an immediate cash payment in exchange for future equity. but only people 62 and older qualify. linda was too young to be on the mortgage. so when her older husband died she lost everything. it's only one danger inherent in the reverse mortgage. >> critics say the tv commercials prey to vulnerable senior seniors and they are warning it's not free money. >> they are not being told about the downside. >> right now in america, 57,000 seniors in reverse mortgages are in danger of losing their homes. nearly 10% forecast rate, four times higher than traditional mortgages. the dep
with the press. shine a light on what is going on in the government. >>reporter: democrat believe california voters gave them a mandate to get things done. >> i think the biggest danger we would move too consciously and not address the problem california has been facing. california voters have demanded that we govern. that's what we intend to do. >>reporter: lawmakers will also be making less this session. new 5 percent pay cut means rank and file will earn just over 90,000 dollars a year. but they still get the 142 dollar a day tax-free per diem for living expenses. in sacramento, abc 7 news. >>> more to bring you tonight. bizarre situation played out on television. coming up. northern california magician is set on fire. was it a prank or deliberate act of violence? we have the story. >> also tonight. bay area marijuana dispensary wins a battle but conflict between the landlord and u.s. justice department. >> mainly winter time success story. tonight how unfun issued flood control project prevented downtown disaster. explain exactly how it works. >> and how about this one? this is
out doors sometimes doesn't mean that we surrender the right to make sure that the government doesn't collect and stock pile detailed personalize information about our whereabouts. >>reporter: inexpensive system with camera is different than a sheriff helicopter precisely because of the low cost. aclu fears affordability will lead to abuse. but are we already there? for few hundred dollars you can buy your own camera equipped uav. as for low cost camera keeping track of us they are with everywhere. building street lights stores and everyone on the street has one of these. >> it's undeniably true technology has dramatically change the world we live in doesn't mean we have to surrender our brave situation rates going in and out public. >>reporter: aclu and others calling on the soups to put the issue up for discussion and debate. and today the supervisors agreed. even the sheriff agreed even before the issue came on the agenda he asked to have the purchase put up for discussion at public protection committee hearing. >> meeting set for the future and hopefully in the near futu
Search Results 0 to 2 of about 3